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Sep 28, 2012
09/12
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they have a budge big deficit wh women, and they're trying to close it. >> greta: rick? >> no subtly in terms of the campaign messaging. i go one step further, i think that was midwestern accents i heard. >> greta: either from illinois or wisconsin. >> we really like you if you live in wisconsin or ohio or illinois. they need to be doing better among women. republicans almost always lose women in republican conventions. can't lose it as badly as they are right now to barack obama. >> when you look at the money spent on this ad, they're spending $10 million on this push, and much of it is going to those exact midwestern states, wisconsin, ohio and iowa, the states that romney needs to kind of gain ground on. >> wisconsin really opens up possibilities. without wisconsin, it's looking very hard, particularly the way things are looking in ohio, so many other swing states. if he can get florida or wisconsin, he has a path. >> greta: those were nice ads. no one is said to be a rot and horrible person, a thief or crook. it was a nice ad. >> that's the point. the country hasn't
they have a budge big deficit wh women, and they're trying to close it. >> greta: rick? >> no subtly in terms of the campaign messaging. i go one step further, i think that was midwestern accents i heard. >> greta: either from illinois or wisconsin. >> we really like you if you live in wisconsin or ohio or illinois. they need to be doing better among women. republicans almost always lose women in republican conventions. can't lose it as badly as they are right now to...
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Sep 28, 2012
09/12
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FOXNEWS
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president obama said he would cut the deficit in half in his first term. he gave us $6 trillion in new obama debt, in four years. he called push unpatriotic and irresponsible for $4 trillion in debt in eight years. so why would we expect he's going to keep his promise on any of these things? >> well, sean, you and i know about this time four years ago the economy collapsed. it was the result, i believe, and the president believes, of failed policies of george bush. that's what he walked into. very different world than anything in the campaign. here's what he did. he walked into office. we were shedding 750,000 jobs a month. you know all this. >> sean: wait a minute. >> let me finish. now we've created 5 million jobs over four years. >> sean: that's not true. that's not true, sir. sir, there are fewer americans working than when he took office. that is a fact. you get it right from the bureau of labor and statistics. here's the point, when he ran in 2008 he said it's the worst economy since the great depression. he told it was bad. he said and projected tha
president obama said he would cut the deficit in half in his first term. he gave us $6 trillion in new obama debt, in four years. he called push unpatriotic and irresponsible for $4 trillion in debt in eight years. so why would we expect he's going to keep his promise on any of these things? >> well, sean, you and i know about this time four years ago the economy collapsed. it was the result, i believe, and the president believes, of failed policies of george bush. that's what he walked...
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Oct 2, 2012
10/12
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FOXNEWSW
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number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about the days before express lane. thank you, insurance for the modern world. esurance. now backed by allstate. click or call. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you di
number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car...
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Sep 25, 2012
09/12
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CNBC
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all kinds of things to try to deal with the deficit problem and these protesters are unhappy with the cuts that have happened. they don't want to see more of them on thursday. they need to do something. back to you. >> who are these people in the streets? >> that is a good question. most protests that you see in europe are orchestrated by the unions. this was more about younger people being out there. this was not organized by the unions even though they have been activity with protests in madrid as well. they have unemployment that is extremely high. >> live from madrid, spain. none of this seems to be scaring off veteran money manager, ken heebner. we'll hear this story in a few moments. please stay with us. >>> well, the pictures in spain contributed to the sell-off today. the dow dropped down to over 100 points. ken, great to have you. let me just have you, does it throw a monkey wrench into your optimistic monkey view? >> no. i think they are all agreed on a program to have more them doing the os teterity they are doing, they are going to support the ability of these countries to
all kinds of things to try to deal with the deficit problem and these protesters are unhappy with the cuts that have happened. they don't want to see more of them on thursday. they need to do something. back to you. >> who are these people in the streets? >> that is a good question. most protests that you see in europe are orchestrated by the unions. this was more about younger people being out there. this was not organized by the unions even though they have been activity with...
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Oct 2, 2012
10/12
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number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you didn't have any of the bare necessities. >> right. >> sean: but you survived as a family. you talked about a tough childhood with your father. he would come home once a week intoxicated, be tough on the whole family. but here we are in a country, do you think at this time in this country, 49 million americans needing foods stamps, 1 in 6 in poverty. >> it's important we get our world economy back, and the united states gets our economy back again. as i said earlier, just alone, if you build the infrastruc
number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >>...
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Sep 30, 2012
09/12
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. >> of course the romney campaign points to the rising deficit, accelerated deficit rising under president obama as compared to the george w. bush years. >> dave: from george w. bush and not free from criticism. 4.9 trillion dollar increase in the nation's debt. but here we are three years into the obama presidency talking 5.36 trillion dollar increase in our nation's debt. that's pretty simple to fact check. i'm surprised joe biden continues to bait those fact checkers, with statements like that. that's a pretty-- that's a slam-dunk. >> alisyn: because people don't listen to his speeches with the calculator out and listen with their guts and resonates. they have been saying the same thing for the better part of almost four years so it must be working on the campaign trail with them. >> dave: and doing some hypnotizing before that. stare into the pen. >> alisyn: all right. let's get to your headlines, because, to tell you about right now. there was another insider attack that claimed the life of a soldier and contractor. 2000 american troops killed in afghanistan sense the war began. iran'
. >> of course the romney campaign points to the rising deficit, accelerated deficit rising under president obama as compared to the george w. bush years. >> dave: from george w. bush and not free from criticism. 4.9 trillion dollar increase in the nation's debt. but here we are three years into the obama presidency talking 5.36 trillion dollar increase in our nation's debt. that's pretty simple to fact check. i'm surprised joe biden continues to bait those fact checkers, with...
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Oct 3, 2012
10/12
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FOXNEWS
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trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college scholarships. we are on track to double renewable energy productions so we are creating the jobs of the future right here in america. he'll talk about both the progress we've made and layout a road map to create good-paying sustainable jobs to the middle class. bill: we are looking forward tonight. thank you for coming back here, ben. ben labolt from the obama team. good luck to you later tonight. andrea saul from the romney team, press secretary for mitt romney. good morning to you. i know you're looking forward to you tonight as well. >> goo
trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college...
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debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass flow and sound money we'll hear from blogger author and radio host karl denninger of the market on that and while the budget plans of presidential candidates may not add up we already know the lack of government planning has the us poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but daunting name and the right the side what exactly does this entailed one break down the potential damage and word on a day and give you a glaring example of the wasteful costs of political uncertainty all ready documented plus we have a potpourri of manufacturing data out some points to opposite directions for the u.s. and of flu of it points to negative. outcomes in europe now our guest will help us make sense of these ingredients and tell us why he thinks the u.s. recession is already baked into the cake let's get to today's capital account. so incumbent obama and. under mitt romney are getting ready to
debate can any amount of rhetoric fill the gaps in their deficit plans and where is the country headed without sound mass flow and sound money we'll hear from blogger author and radio host karl denninger of the market on that and while the budget plans of presidential candidates may not add up we already know the lack of government planning has the us poised for this. fiscal cliff looming the fiscal cliff it's looming gorged partisan politics could push america over of this cliff. but daunting...
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budget deficit. douglas you're going to text a living be jesus out of the middle class and that's the unfortunate reality is that there aren't enough rich people to tax to close the deficit you could tax all the rich people everyone over two hundred fifty thousand dollars at one hundred percent of their and then you'd still have a deficit so of course the problem with doing that is that the second year and nobody would make more than two hundred forty nine thousand dollars they'd all go to the beach toys for the rest of the year. and and that's the challenge that you have is that trying to use tax policy as a means of addressing overspending does not work and yet we have drivers of spending in this country specifically health care which is turf following monopoly protections built all throughout the system all of which wind up costing us ridiculous about somebody and then defense which we spend a crazy amount of money on in no small part because we have had our head in the sand for thirty five years
budget deficit. douglas you're going to text a living be jesus out of the middle class and that's the unfortunate reality is that there aren't enough rich people to tax to close the deficit you could tax all the rich people everyone over two hundred fifty thousand dollars at one hundred percent of their and then you'd still have a deficit so of course the problem with doing that is that the second year and nobody would make more than two hundred forty nine thousand dollars they'd all go to the...
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Sep 30, 2012
09/12
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FBC
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it's not a deficit reduction issue. and simpson bowles was. >> i disagree, my friend. if you get more of those people saying, i'm not going to have to pay a lot. and 8 out of 10 americans are for all americans putting some skin in the game. so, don't think you've got to-- >> and we're probably as well, but you don't have to get on your liberal high horse about that, but i'm saying the fact of the matter is it's out of control, that's all i'm saying, out of control. we're going to take a break and when we come back, it used to be that. >> i love that idea of watching someone become an activist, so many of the issues that are important to me, like want to get to my knees and thank them. >> anyway, even the star of the latest fox movie "won't back down", well, we'll be covering the upcoming presidential debates, and the president and vice-president, and this wednesday, colorado, hollywood stars are all over it and why not i'm covering it. continues on fox business network, and each night, 8 p.m. eastern time right through midnight, so. get fired up. >> you go crazy with y
it's not a deficit reduction issue. and simpson bowles was. >> i disagree, my friend. if you get more of those people saying, i'm not going to have to pay a lot. and 8 out of 10 americans are for all americans putting some skin in the game. so, don't think you've got to-- >> and we're probably as well, but you don't have to get on your liberal high horse about that, but i'm saying the fact of the matter is it's out of control, that's all i'm saying, out of control. we're going to...
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Sep 25, 2012
09/12
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CSPAN
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higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the highest rate. it is a five alarm fire at the way to address that is to increase taxes. >> i wanted to have a follow-up. i heard the interview last night, playing upper income and middle and come. -- income. they would not see their taxes changed overall. he talked about loopholes but did not go into specifics. help us understand what the dividing line is between middle income and upper income in his mind. >> i am not a psychic, it is not a conversation i have had. it is definitely where you draw the line between upper and middle in
higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the...
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Sep 27, 2012
09/12
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CURRENT
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each of the polls have shown romney with a four-point deficit. the reasons why romney has lagged behind -- well it starts with mitt romney -- but they are saying specifically in ohio the auto rescue. a survey from [ inaudible ] in june also show that bain centrics attacks were carrying more weight in ohio than other states. and combined with that having a governor that was an idiot. and of course the -- [overlapping speakers] >> stephanie: because of the president's auto rescue not because of john kasick. [ mumbling ] >> stephanie: they made a run at it, but it seems like their play book was to rely on the super pacs. like early voting, it looks like the obama camp way ahead of the game. >> and early starts in what five days in ohio something like that? >> stephanie: election day starts now in some critical swing states. >> so when mitt loses will he move to the cayman's or switzerland. >> stephanie: so many vacations to find, who can say. let's go to shawn in michigan. hi shawn. >> caller: howdy. have you seen that glenn beck has his own tv chan
each of the polls have shown romney with a four-point deficit. the reasons why romney has lagged behind -- well it starts with mitt romney -- but they are saying specifically in ohio the auto rescue. a survey from [ inaudible ] in june also show that bain centrics attacks were carrying more weight in ohio than other states. and combined with that having a governor that was an idiot. and of course the -- [overlapping speakers] >> stephanie: because of the president's auto rescue not...
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Sep 25, 2012
09/12
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but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in the "a" block from the obama campaign just now. we can say why do they do it that way? >> bob: oh, this one. sorry. >> kimberly: the interview, we don't have time to show the thought of it. but the biggest disappointment depends on the audience. if it's univision, it's immigration. if it's "60 minutes" it's i can't change the tone in washington. but this just in. first picture of president obama and mrs. obama in the taping of "the view" today. you got to love that. >> bob: nice picture. >> kimberly: coming up. did they have ambassador stevens on the hit list before he was killed in libya? the ambassador thought so.
but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in...
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Sep 25, 2012
09/12
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dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by reducing spend reforming entitlements over the long term. taxing the rich will make barely any difference . it is a political slogan. >> steve: right now the president wants to get reelected so he has the key to air force one. >> he thinks that if you tax the rich that brings in votes. >> steve: we are talking about increasing the taxes on the rich. what people forget about. taxes for everyone are scheduled to go up next year. >> yes, they will. >> steve: everybody is going to get whacked. >> if you made a list of all of the ta
dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by...
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Sep 27, 2012
09/12
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FOXNEWS
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candidates promise they will not increase taxes on the poor and middle class but will make a dent in the deficit. this evening we look at romney's plan which has been called mathematically by one group and the president and his campaign have been all over it. chief national correspondent jim angle gets out his calculator tonight. >> mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2,000. getting a tax break, $250,000 to multimillionaires. >> one might think from this obama ad governor romney is specifically proposing to raise middle class taxes by $2,000. but that's not true. in fact, he penaled just the opposite prompting one romney advisor to blast the notion. >> that is the biggest political lie i have ever seen in my academic career. it's not romney's plan to do that. there is nothing to suggest he would do that. pure fiction. >> $1.2 trillion in tax deductions are claimed every year. everything from home mortgage interest to hundreds of millions and more arcane deductions. romney pledged to lower taxes by 20% for everyone. keep it revenue n
candidates promise they will not increase taxes on the poor and middle class but will make a dent in the deficit. this evening we look at romney's plan which has been called mathematically by one group and the president and his campaign have been all over it. chief national correspondent jim angle gets out his calculator tonight. >> mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2,000. getting a tax break, $250,000 to multimillionaires....
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Sep 29, 2012
09/12
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FBC
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they knew they would have a one billion dollar deficit last year. on top of that they will add unscheduled pay hikes negotiated by the union. the situation is getting worse and getting worse quickly. melissa: you say if they decide to borrow. what else could they do? >> there aren't too many options. the revenue option is basically shut down. chicago property taxes are high. the growth is capped. chicago already increased excise taxes and allocated money elsewhere. not like the state government can come riding to the rescue. everyone knows illinois is broke. a federal bailout would have a lot of problems. it is unclear how the district will solve its mess. melissa: they pay 3.5% to borrow which may or may not sound like a lot, but if you compare to other places they pay 1.5% and some say that could go all the way up to 5% because they don't look responsible in their finances to the various bond rating agencies. do you think that is the case that, it could go up to five? >> you know it could go up. problem of rising interest rates and pool of discour
they knew they would have a one billion dollar deficit last year. on top of that they will add unscheduled pay hikes negotiated by the union. the situation is getting worse and getting worse quickly. melissa: you say if they decide to borrow. what else could they do? >> there aren't too many options. the revenue option is basically shut down. chicago property taxes are high. the growth is capped. chicago already increased excise taxes and allocated money elsewhere. not like the state...
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Sep 30, 2012
09/12
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CSPAN
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the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay attention to them. we are out of time. thank you all for your attention. thank you for your questions. [applause] [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> monday, a citizen's guide to the 2012 presidential debate from the national communications association panel looking at the hours of the debates coming up next month. live coverage begins at 1:00 p.m. eastern on c-span. >> you established a third party. you ran twice. you established -- what was the name of it? united we stand? the reform party. do you feel that is nee
the fed is actually reducing the deficit and making huge profits returning record amounts of money to the treasury as a result of previous quantitative easing, so it's the opposite of spending your tax dollars. the fed a legally independent and ran by a guy originally appointed by george w. bush. this is just so completely over the top that we decided to do a piece on that particular email. pretty much, these messages to true believers have to exceed what we have already the bonds before we pay...
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Sep 27, 2012
09/12
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KGO
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brown's administration says it is needed to help close the budget deficit. >> dance craze spreading across the globe sweeps up a top executive. >> there is a struggling maker of black berry may be on the verge of a turn around. >> well, facebook is hoping a new gift giving service will unwrap a source of revenue. this allows users to buy and accepted real presents on both desk top and mobile. it's based on karma which facebook bought in mai. it could be a game changer. sources tell us dish network is in talks with mtv parent viea come, food network parent script about offering channels online f agreeing dish could charge a lower price fr a shawler bundle of channels and this is what customers may be able to select. research in motion shows positive signs and there are sales falling in the quarter. the company did post a loss of $253 mimin. and there is some solid growth in africa and asia just two days after giving a sneak preview of the operating system, expected to be available next year. all of this is helping rim to rise in after hours trading. and the ftc settled spying charge was sev
brown's administration says it is needed to help close the budget deficit. >> dance craze spreading across the globe sweeps up a top executive. >> there is a struggling maker of black berry may be on the verge of a turn around. >> well, facebook is hoping a new gift giving service will unwrap a source of revenue. this allows users to buy and accepted real presents on both desk top and mobile. it's based on karma which facebook bought in mai. it could be a game changer. sources...
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government run a budget deficit of eight point six percent or something of g.d.p. i mean historically even for the u.k. is a mess of you know budget deficit the us is running at sort of about eight percent so i think i would put it back to larry summers that i think in both countries there's a lot of talk about you know fiscal cliff and. but right now you know the the beneficiary of very easy monetary policy and quantitative easing has been the public sector it can borrow and spend and it's still doing that there's a lot of agonizing about cutting back for school your spending but it's actually not happening so there is not much there's more talk about a stare at you than there is a stereotype there is a certain places like greece and other places but there's not a policy choice simply bankrupt and ican borrow money anymore but the countries that still have access to either the printing press of the central bank or financial markets like the u.s. and the u.k. they are spending with both hands now the other point i say so i think of but i think you're right i think
government run a budget deficit of eight point six percent or something of g.d.p. i mean historically even for the u.k. is a mess of you know budget deficit the us is running at sort of about eight percent so i think i would put it back to larry summers that i think in both countries there's a lot of talk about you know fiscal cliff and. but right now you know the the beneficiary of very easy monetary policy and quantitative easing has been the public sector it can borrow and spend and it's...
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Oct 2, 2012
10/12
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the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind of like the 1993 securities commission. the two parties can hold hands and they do not start out being a brahney proposal or an obama proposal or a republican proposal or a democrat proposal. i am interested in what is in the debates in the next four weeks -- i am less interested in what is in the debates in the next four weeks and then what the vendor does in the weeks after the election. >> why would you like to hear -- what would you like to hear obama say in the weeks after the election? >> we are not going to have a deal that does not have revenues and spending. the biggest obstacle is on
the obama budget has been scored by the cbo and has a 2.4% deficit-reduction in the next 10 years. you can argue over what you think that is enough in not to stabilize the debt to gdp ratio but conversely, i'm not actually sure i would want to see ronnie detail all of the tax expenditure changes he says he will come up with. the problem, of course, is betting campaign, if people -- is tt in campaigns, if people start putting out more detailed proposals, demobilize the opposition. this is kind...
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Oct 1, 2012
10/12
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MSNBC
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he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war. that's a mistake. and so i think we need to cut trillions of dollars in order to get our budget balanced. and you could start with cutting two or three or 4% almost across the board some of the things that other governors have done, by i think you target it in those areas where the spending has not produced tangible results in the quality of life for the people. i can just tell you, andrea, i did it in virginia, governors like christie and scott and kasic and walker have done it in all of their states, mitt romney did it when he was governor of massachusetts, $3.5 billion defic
he's increased the deficit a trillion dollars a year. so let's start with the failures of this administration. mitt romney has said look, we've got to cut spending, we're broke, we've overpromised, we've overspent -- >> but sir -- >> and -- >> governor, where would he cut the spending. >> let's trust him on that. >> you cut a lot of domestic -- we've already got a plan to cut a trillion -- $1.2 trillion. half of it is balanced on defense spending in a time of war....
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the tough measure is meant to help bring france's deficit. let's go to clayton. >> big story making headlines this morning. several days after the attack on the u.s. consulate. this is the story that the obama administration was sticking to. listen. >> this was not a preplanned premeditated attack that what happened initially was it was a spontaneous reaction to what had just transpired in cairo as a consequence of the video. >> our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction. >> what our assessment is as of the president is in fact what it began spontaneously in benghazi as a reaction to what had transpired some hours earlier in cairo. >> but as fox news reports, the administration knew within the first 24 hours that it was a terrorist attack. so why were americans left in the dark and how could potential coverup impact the election? here for fair and balanced debate is fox news contributor angela mcglowan and mclavigne. this seems like a big problem for the president. >> i don't see it
the tough measure is meant to help bring france's deficit. let's go to clayton. >> big story making headlines this morning. several days after the attack on the u.s. consulate. this is the story that the obama administration was sticking to. listen. >> this was not a preplanned premeditated attack that what happened initially was it was a spontaneous reaction to what had just transpired in cairo as a consequence of the video. >> our current assessment is that what happened in...
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can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up bill clinton. president obama, when bill clinton left office he balanced the budget, cut social programs the unemployment number was low. urn your watch, the opposite happened. we have seen the budget been busted. so how are you like bill clinton? that is a tough question for him to answer. if it's me, i ask him, listen, i release my taxes. you have yet to release academic records, the white house records, see what he says. that would be tougher to answer. >> bob: for eight years we were all in a coma. curious. >> kimberly: bob is out of order. we're bring you back in "e" block. >> bob: clinton to obama. >> kimberly: guess wh
can you tell us otherwise you will end up with $40 trillion deficit, which tax loopholes will you close? >> kimberly: playing the role of mitt romney, eric bolling. >> eric: when you lower taxes and let people keep more of their money you bring growth back. >> bob: we have seen that work. >> kimberly: he won the debate. that easy. andrea what is your question? >> andrea: bill clinton spoke at the convention and he seemed to help barack obama. i am going to bring up...
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it's very substantial becoming one of the biggest line items aha well how nice of them you know the deficit needs all the help it can get but i can imagine that this has some impact on distorting markets to put it mildly and possibly some impact on confidence in the u.s. dollar as the reserve currency as the world still currently looks at it to be so what does it have that the fed is it has this large of a controlling stake in the market was the purchaser of sixty one percent of the treasuries that the treasury issued last year according to one figure i saw yeah i think it's starting to make people question you know what is the value of treasuries how should we be looking at them and i think you know a lot of people look at historical data and show what's the dividend yield on the s. and p. five hundred versus treasuries and by that measure it comes up with stocks looking very cheap i think a lot of people are going to pausing and scratching their heads and saying ok well that's fine but what happens of the fed backs out of the treasury market where's the real market clearing rate so then w
it's very substantial becoming one of the biggest line items aha well how nice of them you know the deficit needs all the help it can get but i can imagine that this has some impact on distorting markets to put it mildly and possibly some impact on confidence in the u.s. dollar as the reserve currency as the world still currently looks at it to be so what does it have that the fed is it has this large of a controlling stake in the market was the purchaser of sixty one percent of the treasuries...